The market is unanimously optimistic! BTC is expected to reach 80,000 on the night of non-agricultural data?

Daily trend of Bitcoin: Bitcoin has come out of a double top structure near the previous high position of 72,000, and fell below the trend line of 57,600 from the double top position, and has come out of a round of M top and C wave trend. Now the market is near 53,000, and it has come to the monthly support position. When the market stabilizes at 53,000, the market will start a round of retaliatory rise. From the MACD indicator below, the market has a trend of stopping the decline and rising. Waiting for the market to change, there may be a big rebound#$BTC $IO

Daily trend of Ethereum: Ethereum has started a round of C wave correction trend from the previous 3900 position, and the impact of the second high has failed. Now the market is below the 120-day lifeline. The market came to 2800 today, and the monthly support position is near 2800. Once the support is firm, the market will rebound rapidly. The MACD indicator below also stabilizes, and the market is about to reverse.

Finally, let's summarize the reasons for the recent decline: there are mainly four reasons. The first is the sell-off of the Mentougou incident. Second, the sell-off of the German, British and American governments. Third, the bankruptcy compensation of FTX. Fourth, the US election, the expectation of interest rate cuts has been reduced. When all the negatives are digested this month and Ethereum's ETF rises, the market will start the next round of interest rate cut expectations and unprecedented upward trend after the negatives are digested. Every negative and every decline is an opportunity to buy the bottom of the market. Don't miss it, don't let it go, the dawn is about to appear. #io #IO去中心化算力网络

io.net, as the largest GPU computing power network in Web3, has become one of the most concerned projects in the DePIN+AI track in this cycle against the background of global computing power shortage.

1. With io.net completing the $IO Coin TGE on Binance Launchpool on June 11, I believe that Jo will be the next pepe

2. io is still relatively young in this track and the possibility of continued explosion is very high. Pay more attention to subsequent changes and developments